A monitor of the current health of UK defined benefit (DB) pension schemes – set up by London-based Legal & General Investment Management (LGIM) – has found that a typical scheme can expect to pay 95% of accrued benefits as of the end of June.
A monitor of the current health of UK defined benefit (DB) pension schemes – set up by London-based Legal & General Investment Management (LGIM) – has found that a typical scheme can expect to pay 95% of accrued benefits as of the end of June.
Jupiter Asset Management has grown its fixed income offering with the launch of a high yield short duration bond fund.
London-based Quilter Cheviot has appointed Nick Holmes as managing director, replacing Andrew McGlone.
German asset manager DWS has reached an agreement with UK property firm Vita Group that will see it acquiring around £600 million (€648.9 million) of student accommodation assets.
Allianz Real Estate has committed $150 million (€134 million) to an office development platform as part of its strategy to allocate between 50% and 60% of its Asia Pacific real estate exposure to fast-growing markets such as China and in this case, India.
The UK’s financial regulator has told several authorised corporate director (ACD) companies to prepare for an industry investigation following the recent implosion of Neil Woodford’s investment business, the Financial Times has reported.
